Investing

Stocks Remain Mixed; TransDigm Slices 50-Day Line

Stocks continued to vacillate Friday afternoon. A big drop in consumer sentiment offset an early pop from better-than-forecast employment data.

The Dow Jones industrial average rose 0.4% and the S&P 500 edged up 0.1%. But the Nasdaq lost 0.5%, hurt by losses in Apple (AAPL) and Google (GOOG). Volume was still tracking lower on both major exchanges, especially the Nasdaq.

TransDigm (TDG) dropped 4% and sliced its 50-day line in heavy trading. Late Thursday, the company terminated an agreement to buy a United Technologies' (UTX) engine controls unit after U.S. regulators blocked the deal. TransDigm's drop erased gains from the past two weeks.

M/I Homes (MHO) turned tail and fell 2% in fast trade. The stock is forming a potential cup-with-handle base. But the handle is forming in above-average trade, which is not ideal.

Lululemon Athletica (LULU) fell 2% as it pulled back from Thursday's 7% surge. The stock appeared to be finding support at its 50-day line. On Thursday, the yoga apparel and accessories retailer delivered results above views, but guided current-quarter results below expectations. Lululemon is forming a late-stage base.

NCR (NCR) rose 1% to a near four-month high. The stock cleared a 24.74 buy point from a double-bottom base in heavy trading Thursday. Prior to its breakout, the stock vacillated in a tight range.